In the view of many brokerages

There are more than a month, a-shares in 2012, in the past year, the a-share rendering stepped down the next year, the a-share will show what kind of movement do? Recent research institutions, led by brokerages have made their point of view the main capital stocks (eleven-twenty fifths) ran away some unit cut meat certainly regret sudden boom is not likely toShareholders ' Gospel: hold stocks saved! There are 25 trading days this year, had gone. Stumbled over the market, as this end of a deep chill.　　Die huzhi rebound, anti-from the recent low of 2,307 points getting closer. This time, talking about how to rebound this year, seemed to have little significance. Thus, research institutions, led by brokerages,Sights on 2012. In 2012, legend has it the end of the year.　　Of course, will come to an end, volatility in the stock market is still the same, and even spent this year such a bleak year, there are still bodies are optimistic that next year, still has a "little Bull". Macro: liquidity has improved this year, and tightened liquidity, as well as the economic downturn fearsHaunt the market. Next year, the two major problems will change it?　　In the view of many brokerages, liquidity is moderately easy next year. Guotai Junan securities said the new loans in 2012 or M2 growth compared to the continued tightening in 2011 will be obtained from the improved, while the prices of assets such as real estate adjustment and fine tuning of monetary policy means that the price of money would haveBetter. In addition, the trend of falling corporate earnings cycle and stable.　　One or two quarters of next year should be the bottom of the net earnings growth in the enterprise. Galaxy securities believes that runs past the central economic work Conference on the securities market has played a pivotal role. From the analysis of the markets on the prospect of economic work Conference, the original "control of inflation, growth, adjustingArchitecture "based on guarding against financial risks will also be included in the focus. Changjiang securities believes that monetary policy is expected to remain stable next year, added credit to about 8 trillion, changes in interest rates is unlikely, reserve requirements may be early in the second quarter is expected cut. While under the influence of the European debt crisis continued to ferment in 2012, exports were likely to fall 20% leftRight, so as to have an impact on GDP growth.　　Market: run space 2300-3000 points at the end of 2010, brokerages huzhi Bulls will toward 4,000 points of view, this year each broker is much more gentle, quite conservative about the point forecasts. Guotai Junan securities, believes that the a-share market was low in the first quarter of 2012, but inflation and foreign currency liquidityIn the stock market, profit three build relevance by the end of, now in the bottom area, 2012 more would only be a low point in the first quarter profit after differentiation of growth and recognition, pattern small bull market is expected to be a real trend since then.　　Running index interval 2,300 points ~3000 points all year. For 2012 the a-share market, ping an securities consideredThe stock market is expected to gradually rebound, market would be first on the lower rear and then back to the rhythm. Ping an securities forecast index of core running intervals at 2,300 points to 3,000. Performance risk free and seasonal factors caused the end of this year to the end of repeated early next year to build, stabilised macro-policy and performance risks Digest booster last inversion structure in the first quarter of next year, you will need to be vigilant over inflation and growth in the second halfWeaker new risks. Changjiang securities are more conservative, it thinks, since September to enter China's economic growth this year will be extended until the end of early in the second quarter of next year, the a-share market will also appear upward inflection point. A-shares for 2012 as a Yang line, between 10% per cent gain. With currently around 2,400 calculations, market next year will rise to 2700 o'clock or so. Part: bullish on consumption and emerging industries Changjiang securities, said industry chain in the middle of next year enterprises will face issues such as poor profit elasticity, so in the process of selecting individual stocks should move closer to terminals and auxiliary industry chain industry chain, also select light high turnover, assets of enterprises. Optimistic about the environment, gas, General equipment, food and beverage industries,Recommended communications, environmental protection, cultural and entertainment industries.　　Guotai Junan think 2012 industry configuration is divided into early transition periods and the livelihood of some benefit from two dimensions, bullish on real estate, securities companies, pharmaceutical, chemical industry, the media and new industries. On the configuration, gold company optimistic about modern service sector, there are three reasons why: first, the policy environment, 2012Industrial policy will focus on modern service industry; the second is the four-quarter funds relatively loose in the first quarter of next year, theme unit-friendly active profit growth and valuation of the third, modern service level has certain advantages.　　In addition, the benefits of modern service industry sector, may also include cultural media, software, environmental protection, logistics and transportation, medical services, commercial circulation. Ping anSecurities are proposed to avoid cycles in the Middle unit focusing on financial services, food and beverages, electrical equipment, such as deterministic blue chip; grasp the construction of energy saving and environmental protection equipment, nuclear, chemical materials, TMT soft recovery business (software, soft, soft services consumption) four new industry investment topics. Stocks: more optimistic about the investment strategy of the media industry in each meeting, brokers will recommend someStocks this year was no exception. However, few brokers this year what to write "ten gold unit" are stock plate.　　Investors can refer to, but not blind obedience. ConMed pharmaceutical industry: the only listed company in Chinese herbal medicine industry.　　This area is very basic and confusion of industry, companies developing very rapidly, and next year a very large investment opportunities. Radio and TV network: the companyIs cable TV, digital cable TV operators.　　Cable networks industries will benefit the broadcasting system reform, face as shell resource value revaluation, and recommended holdings. Huayi brothers: company's excellent operating performance in recent years, has a strong content integration capability of innovation and marketing resources, speed up the development of future TV business and resource advantages, in the field of new mediaFurther, will provide strong support for the stock on the fundamentals. CITIC Securities: the largest listed brokerage in China, the report shows raise amounts and debt underwriting business advantages are still outstanding.　　Currently undervalued, from the perspective of industry innovation, can be used as the first match. Guess wrong every time year after year to the end of every year, various small and medium-sized brokerages, will releaseYear of investment strategies, and busy.　　Always to the end, investors and the media, and for over a year of the brokers ' investment policy errors committed by, laughing at how happy we are.　　So-called measuring wrong, wrong despite repeated testing, said it is with these brokerages. Remember the end of 2006, because there was great, the brokerage then fell in love with a Word;08, 2009, then to the last year.　　Brokerages often went to great lengths to promote their annual investment strategy, it is unfortunate, it has been verified as a contrarian indicator. For example swtor power leveling, last year, prediction of integrated securities firms, huzhi should run to 4,200 points at the 2,700-point interval, the corresponding run are 2,300 points ~3000 points. Predicted the first delisting companies directlyWill debut on the gem, gem delisting correspond to the real system is still in "difficult". Issues such as international Board, stock issuance remains "said about the sound".　　CPI data was below market glasses. Zhiqian, brokerages like dubbed "ten 20** years gold stocks" to recommend stock star wars the old republic power leveling, has often been market proves that these stocks are flat. Thus, brokeragesSmart, in the policy this year, it is hard to see "ten gold unit" sort of title. Year after year guess wrong year after year, why do we have pay attention to the brokerage of investment strategy report? Concerned what do? The so-called "teaching how to fish rather than giving one to fish". Report, you can see more of brokerages logic, sense, listen more to the point, no sense in, laugh away. In addition, if youHomes is leaning to predict what market tends to reverse. There is a contrarian indicator for reference so accurate, so why not this?